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IMF warns of systemic threat from AI

RT International·RT·24 days ago
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Cyberattacks powered by advanced models could disrupt markets and payment systems, the fund has warned Artificial intelligence could make cyberattacks a systemic threat to global finance, the International Monetary Fund has warned, saying advanced models can help attackers exploit vulnerabilities faster than institutions can fix them. In a blog post published on Thursday, the IMF said its latest analysis suggests that “extreme cyber-incident losses could trigger funding strains, raise solvency concerns, and disrupt broader markets.” According to the organization, the current financial system relies on shared digital infrastructure, including software, cloud services and networks for payments and other data. The fund warned that advanced AI models can sharply reduce the time and cost needed to identify and exploit weaknesses, raising the risk of simultaneous attacks on widely used systems.…

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